First Business Financial Services Announces Management Succession Plan
MADISON, Wis., June 30, 2006 (PRIMEZONE) -- The Board of Directors of First Business Financial Services, Inc. today announced the retirement of Charles Thompson as Chairman of the Board effective July 17, 2006. Jerry Smith has been named the new Chairman and intends to retire as Chief Executive Officer effective no later than January 2, 2007. Corey Chambas will succeed Smith as CEO. Smith was a founder of the company in 1990 and has served as its CEO since inception. Chambas joined the company in 1993 and currently serves as President and Chief Operating Officer.